Bitcoin hits $99,000, record high hashrate, positive market sentiment, MicroStrategy buys more

From Investing.com.

November 22, 2024 01:30:22 PM:

Bitcoin has soared past $99,000, setting a new record high with an all-time high network hash rate. Following a drop post-halving, the hashrate has been steadily increasing with miners upgrading equipment. The price hit $99,500 before settling at $97,569, with positive market sentiment and MicroStrategy’s increased purchases contributing to the rise. SEC Chair’s resignation also impacted Bitcoin’s movement. ETF options launch and $100 billion in assets signal growing interest in Bitcoin.

Read more at Investing.com: Bitcoin (BTC) Hashrate Skyrockets to Historic High: Details By U.Today